Techmeme
May 7, 2014, 12:40 AM

Top News

Leslie Picker / Bloomberg:
Chinese e-commerce giant Alibaba files for US IPO, plans to sell 12% stake worth around $20B, say sources  —  Alibaba Files to Go Public in US IPO of E-Commerce Giant  —  Alibaba Group Holding Ltd., which rode China's emergence as an economic superpower over the past 15 years to become …
Mercury News:
China's Alibaba files for IPO that could be tech industry's biggest ever  —  Chinese e-commerce colossus Alibaba on Tuesday filed for an initial public offering that is poised to be one of the largest in history and will create a mighty rival to Silicon Valley's tech giants.
Paul Mozur / Wall Street Journal:
‘Unparalleled Ruthlessness’ Awaits: Jack Ma's Letter to Alibaba Employees.  —  One element missing from Alibaba's initial public offering prospectus - weighing in at 248 pages before notes and exhibits - was a letter from founder Jack Ma.  —  People familiar with the matter had said that some missive …
Dalton Caldwell / App.net:
App.net is “profitable and self-sustaining”, but will no longer have any full-time employees  —  App.net State of the Union  —  As many are aware, the first major round of subscription renewals from the original App.net launch happened a few weeks ago.
Jeffrey Hightower / Google LatLong:
Google Maps apps add lane directions, ability to save maps for offline use, Uber integration, more  —  Get on the road, go off the grid, or plan the perfect weekend with the Google Maps app  —  When your life is moving fast, you need tools to keep up with your pace.
Haaretz:
Iran bans WhatsApp due to ‘Jewish ownership’  —  The ban seems to have triggered an open dispute with the government, which has been attempting to implement moderate social policies.  —  An Iranian censor has banned the use of the WhatsApp messaging application because it is owned by an “American Zionist, according to news reports.
Nathan Olivarez-Giles / Wall Street Journal:
Foresighted?  Epson Moverio Smart Glasses Go on Sale for $700 … Google Glass may be the most widely known wearable tech today, but Google isn't the only company trying to convince you that wearing a computer on your face is a good idea.  Epson, best known for its printers and projectors …
Arik Hesseldahl / Re/code:
FireEye to Acquire nPulse in Deal Valued at $70 Million  —  FireEye, the hot Internet security company that went public last year and then quickly set about acquiring other companies, has announced another deal.  —  The company says it will pay a combined $70 million in cash and stock …
Jenna Wortham / New York Times:
VSCO, a Digital Photography Company, Raises $40 Million From Accel Partners  —  Chances are, if you have used Instagram, you have come across the hashtag #VSCO or #VSCOCam.  —  Both refer to a feature-rich camera application developed by a Bay Area start-up, Visual Supply Company …
Quentin Hardy / New York Times:
H.P. Makes $1 Billion Bet on Open Cloud  —  Hewlett-Packard is making its big bet on cloud computing, with a significant change of its own products and business, and the biggest endorsement yet of an open source alternative to the systems of Amazon and Google.
More: PC World, Gigaom, Wall Street Journal and CRNTweets: @qhardy
Shelly Banjo / Wall Street Journal:
Apple Jumps to Second Place in Online Retail … In the crusade to capture clicks and pull in dollars from online sales, Amazon remains the clear frontrunner.  But 2013 e-commerce sales data from trade publication Internet Retailer reveals that the race is heating up.
More: AppleInsider and 9to5MacTweets: @taos
Josh Constine / TechCrunch:
Secret Is Working On A Private Chat Feature  —  Anonyfish has been the only way to move a Secret conversation offline or somewhere with real names.  But anonymous sharing app Secret plans to release its own native private chat feature, founders David Bytow and Chrys Bader-Wechseler confirmed today on stage at TechCrunch Disrupt NY.
Reuters:
Romain Dillet / TechCrunch:
Oculus VR Created A Research Group To Advance Virtual Reality  —  Oculus VR was recently all over the news because it was acquired by Facebook for $2 billion.  But Oculus VR is still operating independently and trying to figure out the future of virtual reality.
Jon Brodkin / Ars Technica:
FCC commissioner says FCC “invented” new authority to regulate Internet  —  FCC Commissioner Michael O'Rielly.  —  The FCC's Michael O'Rielly, one of two Republican commissioners since being sworn into office last November, today warned against the commission using what he called “newly invented authority to regulate the Internet.”
Rachel King / ZDNet:
Intel unloads bevy of new Chromebooks; previews ‘Education’ reference design  —  Summary: All in all, Intel is gearing up to release at least 20 Chromebooks by the end of the year.  —  SAN FRANCISCO—Intel is putting further stock into its Chromebook investment with a slew …
Mary Jo Foley / ZDNet:
Microsoft kicks off Office Mix customer preview  —  Summary: Microsoft is opening up a customer preview of its newest Office app, a PowerPoint-based app known as Mix, to more testers.  —  Microsoft has opened the testing floodgates for its newest Office app, known as Office Mix.
Ingrid Lunden / TechCrunch:
Flux Emerges From Google X And Nabs $8M To Help Build Eco-Friendly Buildings  —  Google X, the search giant's lab that has dedicated its work to new, unchartered moonshot concepts, has made a name for itself through its work on self-driving cars, smart contact lenses and dozens of other projects worthy of their own sci-fi novels.
Jeffrey Grubb / VentureBeat:
Electronic Arts' Q4 crushes Wall Street estimates  —  Giant walking robots that only last about two minutes in combat might not sound fiscally responsible, but it's working out well for Electronic Arts.  —  The Titanfall publisher reported earnings today that surpassed expectations for its fiscal fourth quarter, which ended March 31.
Graham Cluley:
Dropbox fixes one of two vulnerabilities that allowed users to accidentally leak shared file URLs to third parties  —  Dropbox users leak tax returns, mortgage applications and more  —  If you are using file-sharing systems like Dropbox and Box without proper care and attention …

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Sean Hollister / The Verge: